Patriot National Bancorp Inc
Patriot National Bancorp, Inc. operates as the holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company accepts consumer and commercial deposit accounts, such as checking, interest-bearing negotiable order of withdrawal, money market, time certificates of deposit, savings, prepaid deposit, onl… Read more
Patriot National Bancorp Inc (PNBK) - Total Assets
Latest total assets as of September 2025: $950.75 Million USD
Based on the latest financial reports, Patriot National Bancorp Inc (PNBK) holds total assets worth $950.75 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Patriot National Bancorp Inc - Total Assets Trend (1994–2024)
This chart illustrates how Patriot National Bancorp Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Patriot National Bancorp Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Patriot National Bancorp Inc's total assets of $950.75 Million consist of 17.1% current assets and 82.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.6% |
| Accounts Receivable | $5.49 Million | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $156.00K | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1994–2024)
This chart illustrates how Patriot National Bancorp Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Patriot National Bancorp Inc's current assets represent 17.1% of total assets in 2024, a decrease from 55.2% in 1994.
- Cash Position: Cash and equivalents constituted 14.6% of total assets in 2024, down from 55.2% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1994.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
Patriot National Bancorp Inc Competitors by Total Assets
Key competitors of Patriot National Bancorp Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Patriot National Bancorp Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Patriot National Bancorp Inc generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Patriot National Bancorp Inc is currently not profitable relative to its asset base.
Patriot National Bancorp Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.33 | 0.20 | 0.14 |
| Quick Ratio | 0.33 | 0.20 | 0.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-554.05 Million | $ -656.65 Million | $ -630.77 Million |
Patriot National Bancorp Inc - Advanced Valuation Insights
This section examines the relationship between Patriot National Bancorp Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.49 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -7.4% |
| Total Assets | $1.01 Billion |
| Market Capitalization | $82.41 Million USD |
Valuation Analysis
Below Book Valuation: The market values Patriot National Bancorp Inc's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Patriot National Bancorp Inc's assets decreased by 7.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Patriot National Bancorp Inc (1994–2024)
The table below shows the annual total assets of Patriot National Bancorp Inc from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.01 Billion | -7.42% |
| 2023-12-31 | $1.09 Billion | +4.80% |
| 2022-12-31 | $1.04 Billion | +10.00% |
| 2021-12-31 | $948.48 Million | +7.69% |
| 2020-12-31 | $880.73 Million | -10.11% |
| 2019-12-31 | $979.84 Million | +2.96% |
| 2018-12-31 | $951.70 Million | +11.69% |
| 2017-12-31 | $852.08 Million | +12.61% |
| 2016-12-31 | $756.65 Million | +15.81% |
| 2015-12-31 | $653.36 Million | +3.28% |
| 2014-12-31 | $632.62 Million | +16.88% |
| 2013-12-31 | $541.25 Million | -12.40% |
| 2012-12-31 | $617.86 Million | -7.20% |
| 2011-12-31 | $665.82 Million | -15.11% |
| 2010-12-31 | $784.32 Million | -9.47% |
| 2009-12-31 | $866.42 Million | -5.14% |
| 2008-12-31 | $913.36 Million | +13.11% |
| 2007-12-31 | $807.53 Million | +25.01% |
| 2006-12-31 | $645.98 Million | +37.26% |
| 2005-12-31 | $470.64 Million | +16.19% |
| 2004-12-31 | $405.05 Million | +18.27% |
| 2003-12-31 | $342.47 Million | +37.82% |
| 2002-12-31 | $248.50 Million | +22.67% |
| 2001-12-31 | $202.57 Million | +2.50% |
| 2000-12-31 | $197.63 Million | +11.53% |
| 1999-12-31 | $177.19 Million | +73.21% |
| 1998-12-31 | $102.30 Million | +36.22% |
| 1997-12-31 | $75.10 Million | +40.11% |
| 1996-12-31 | $53.60 Million | +23.79% |
| 1995-12-31 | $43.30 Million | +88.26% |
| 1994-12-31 | $23.00 Million | -- |